Industry News

CIVENEX

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  • NSW state government and the Civil Aviation Safety Authority (CASA) supported the potential move by Uber to trial flying vehicles in Sydney in 2023.
  • Housing markets in Sydney and Melbourne remain fundamentally undersupplied and little impact has seen on the new policies targeting at foreign buyers; says developer Mirvac.
  • Residents have recently been allowed to return home after the authorities came up with a solution to remove the collapsed crane the fell on to an apartment complex.
  • The legislation of the new law may result in the collapse of construction companies as two tiers will be created; says James MacQueen; advisory partner in the construction and real estate sector for business advisory and accountancy firm BDO.
  • The Australian Government has announced that it will build a second international airport; costing up to $5bn to construct.
  • Under the active activity in home building and reasonably strong civil sector; recruitment outfit Hays says the building sector will create more employment opportunities.
  • 2017 is on track to be another boom year for home renovation in Australia.
  • The latest Trades Report by the Housing Industry Association shows that 9 out of 13 trades in the industry are in moderate undersupply.
  • Australian tradesmen are struggling to keep up as the country's residential building market grows.
  • According to Dr. Matthew Thomas of Social Policy and Alicia Hall; housing affordability in Australia has broadly declined since the early 1980s.
  • Government audit points to substandard cladding in more than 1;000 buildings in New South Wales.
  • Surge in approval for Apartment Developments might result in oversupply
  • John Holland take on prime commercial CBD site in Sydney
  • $800m Northern gas pipeline to solve gas supply crisis
  • The construction of the $2.1 billion; 12 km light rail project featuring 19 stops across the city has seen new progress. The rail stopping at Moore Park; Randwick and Kingsford will extend from Circular Quay to Central Station via George Street.
  • Yarra One; a collection of luxurious residences designed by Fender Katsalidis Architects and built by listed Malaysian developer Eco World-Salcon Y1 Pty Ltd; will become the new landmark in the Forrest Hill precinct.
  • A regional approach to building could meet remote dwelling Aboriginal and Torres Strait Islander people's community needs of preserving land which is entwined with spiritual and cultural identity and bring about economic development.
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